Gross value added at basic prices (GVA) (current LCU), per capita in Iceland
Iceland: Gross value added at basic prices (GVA) (current LCU), per capita was 11.36 million current LCU per person in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), per capita in Iceland, 1973–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Iceland recorded 11.36 million current LCU per person for gross value added at basic prices (gva) (current lcu), per capita in 2025. That is the highest value across all 53 years on record.
The figure is up 7.8% on the previous year and up 79.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per capita in Iceland peaked at 11.36 million current LCU per person in 2025 and was at its lowest, 4,490 current LCU per person, in 1973.
Iceland ranks 14th of 205 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), per capita in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1973 | 4,490 current LCU per person | — |
| 1974 | 6,277 current LCU per person | +39.8% |
| 1975 | 8,814 current LCU per person | +40.4% |
| 1976 | 12,032 current LCU per person | +36.5% |
| 1977 | 17,032 current LCU per person | +41.6% |
| 1978 | 26,239 current LCU per person | +54.1% |
| 1979 | 38,991 current LCU per person | +48.6% |
| 1980 | 62,395 current LCU per person | +60.0% |
| 1981 | 95,002 current LCU per person | +52.3% |
| 1982 | 148,516 current LCU per person | +56.3% |
| 1983 | 260,358 current LCU per person | +75.3% |
| 1984 | 338,222 current LCU per person | +29.9% |
| 1985 | 458,884 current LCU per person | +35.7% |
| 1986 | 595,403 current LCU per person | +29.8% |
| 1987 | 813,015 current LCU per person | +36.5% |
| 1988 | 979,951 current LCU per person | +20.5% |
| 1989 | 1.15 million current LCU per person | +17.3% |
| 1990 | 1.33 million current LCU per person | +16.1% |
| 1991 | 1.43 million current LCU per person | +7.0% |
| 1992 | 1.43 million current LCU per person | +0.2% |
| 1993 | 1.44 million current LCU per person | +0.5% |
| 1994 | 1.52 million current LCU per person | +5.5% |
| 1995 | 1.55 million current LCU per person | +2.3% |
| 1996 | 1.65 million current LCU per person | +6.1% |
| 1997 | 1.75 million current LCU per person | +6.4% |
| 1998 | 1.94 million current LCU per person | +11.1% |
| 1999 | 2.04 million current LCU per person | +4.8% |
| 2000 | 2.22 million current LCU per person | +8.7% |
| 2001 | 2.52 million current LCU per person | +13.9% |
| 2002 | 2.66 million current LCU per person | +5.4% |
| 2003 | 2.69 million current LCU per person | +1.2% |
| 2004 | 2.91 million current LCU per person | +8.2% |
| 2005 | 3.11 million current LCU per person | +6.9% |
| 2006 | 3.49 million current LCU per person | +12.2% |
| 2007 | 3.91 million current LCU per person | +11.8% |
| 2008 | 4.50 million current LCU per person | +15.2% |
| 2009 | 4.63 million current LCU per person | +3.0% |
| 2010 | 4.83 million current LCU per person | +4.1% |
| 2011 | 5.04 million current LCU per person | +4.3% |
| 2012 | 5.22 million current LCU per person | +3.7% |
| 2013 | 5.50 million current LCU per person | +5.4% |
| 2014 | 5.78 million current LCU per person | +5.0% |
| 2015 | 6.34 million current LCU per person | +9.7% |
| 2016 | 6.81 million current LCU per person | +7.4% |
| 2017 | 6.93 million current LCU per person | +1.8% |
| 2018 | 7.31 million current LCU per person | +5.5% |
| 2019 | 7.65 million current LCU per person | +4.6% |
| 2020 | 7.34 million current LCU per person | -4.0% |
| 2021 | 8.03 million current LCU per person | +9.3% |
| 2022 | 9.30 million current LCU per person | +15.8% |
| 2023 | 10.16 million current LCU per person | +9.3% |
| 2024 | 10.54 million current LCU per person | +3.7% |
| 2025 | 11.36 million current LCU per person | +7.8% |
Iceland compared with similar countries
- Iceland's 11.36 million current LCU per person is above the median for high income countries, which is 72,208 current LCU per person, 157.3× the median. (77 countries reporting)
- Iceland's 11.36 million current LCU per person is above the median for Europe & Central Asia, which is 54,928 current LCU per person, 206.8× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (current LCU), per capita in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +75.3% | 148,516 current LCU per person | 260,358 current LCU per person |
| 1980 | +60.0% | 38,991 current LCU per person | 62,395 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16,268 current LCU per person | 4,490 current LCU per person | 38,991 current LCU per person | 7 |
| 1980s | 490,108 current LCU per person | 62,395 current LCU per person | 1.15 million current LCU per person | 10 |
| 1990s | 1.61 million current LCU per person | 1.33 million current LCU per person | 2.04 million current LCU per person | 10 |
| 2000s | 3.26 million current LCU per person | 2.22 million current LCU per person | 4.63 million current LCU per person | 10 |
| 2010s | 6.14 million current LCU per person | 4.83 million current LCU per person | 7.65 million current LCU per person | 10 |
| 2020s | 9.45 million current LCU per person | 7.34 million current LCU per person | 11.36 million current LCU per person | 6 |
Countries ranked near Iceland
- 11 Argentina 15.63 million current LCU per person compare
- 12 Chile 15.47 million current LCU per person compare
- 13 Guinea 14.98 million current LCU per person compare
- 15 Cambodia 10.86 million current LCU per person compare
- 16 Costa Rica 9.30 million current LCU per person compare
- 17 Hungary 7.84 million current LCU per person compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per capita in Iceland?
- Gross value added at basic prices (gva) (current lcu), per capita in Iceland was 11.36 million current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per capita recorded in Iceland?
- The highest recorded value was 11.36 million current LCU per person in 2025.
- What is the lowest gross value added at basic prices (gva) (current lcu), per capita recorded in Iceland?
- The lowest recorded value was 4,490 current LCU per person in 1973.
- How does Iceland rank for gross value added at basic prices (gva) (current lcu), per capita?
- Iceland ranks 14th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 79.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.